Elecon Engineering appoints Natasha Treasurywala as non-executive independent woman director, ET LegalWorld

The Board of Directors of the Elecon Engineering has approved the appointment of Natasha Treasurywala as an Additional Director, designated as a Non-Executive Independent Woman Director, for a period of five years commencing from April 24, 2025.

The appointment is subject to the approval of shareholders at the Company’s upcoming 65th Annual General Meeting and is based on the recommendation of the Nomination and Remuneration Committee.

A seasoned legal professional, Treasurywala is an advocate and partner at Desai & Diwanji, where she is part of the firm’s corporate and commercial practice group.

She brings with her extensive experience in mergers and acquisitions, joint ventures, structured finance, and general corporate law. Her clientele includes commercial and investment banks, financial institutions, private equity firms, and corporate borrowers.

She has advised on several high-value, cross-border M&A transactions, as well as complex financing deals, with a particular focus on non-convertible debentures and bond issuances.

The Company has confirmed that Treasurywala is not debarred from holding the office of director by any regulatory authority, including SEBI. Additionally, she is not related to any member of the Board and meets the independence criteria as prescribed under the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Treasurywala’s directorship will not be subject to retirement by rotation.

• Published On Apr 25, 2025 at 01:37 AM IST

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